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Based in Dublin, Ohio, Cardinal Health, Inc. (CAH) operates as a healthcare services and products company that provides customized solutions for hospitals, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home. With a market cap of $27.3 billion, the company is expected to announce its fiscal Q1 earnings results before the market opens on Friday, Nov. 1.
Ahead of this event, analysts expect the drug distributor to report a profit of $1.64 per share, down 5.2% from $1.73 per share in the year-ago quarter. The company has consistently beaten Wall Street's earnings estimates in the last four quarters.